GRAND RAPIDS – US Signal Company has successfully completed its acquisition of OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC from Telephone and Data Systems, a leading provider of wireless, broadband, video, voice, hosted and managed services to U.S. businesses.
This acquisition significantly expands US Signal’s data center footprint and service offerings.
1. Why Did US Signal Acquire OneNeck?
OneNeck is headquartered in Madison, Wisconsin, offering a robust and reliable infrastructure to serve its diverse customer base.
OneNeck offers a complete range of services that helps businesses easily combine their on-site and cloud resources, improving both performance and scalability. They are dedicated to security, which protects sensitive data and builds trust and confidence with their clients.
Key Points For OneNeck Acquisition:
- OneNeck is a leader in hybrid IT and multi-cloud solutions.
- They have data centers in six Western and Midwestern states.
- It caters to a wide range of industries (banking, education, engineering, food and beverage, government, healthcare. manufacturing, retail).
- OneNeck serves over 1,000 customers across 45 states.
- OneNeck prioritizes security and reliability in their solutions.
2. Services Offered by US Signal:
US Signal is headquartered in Grand Rapids, Michigan. Its ten strategically located data centers across Michigan, Illinois, Indiana, and Wisconsin ensure reliable and high-performance IT infrastructure for its clients.
Key Points:
- US Signal is a leading provider of data center services.
- Offers a comprehensive suite of solutions (colocation, connectivity, cloud hosting, data protection, and disaster recovery).
- Serves both regional enterprise customers and large national telecommunications carriers.
- To support its extensive service offerings, US Signal operates a robust 9,500-route mile fiber network.
US Signal CEO Daniel Watts About OneNeck IT Solutions Acquisition:
“We welcome our new colleagues to the US Signal team,” said Daniel Watts, CEO of US Signal.
“Together, we will provide customers with more capabilities to serve their evolving needs while maintaining our combined culture of client service excellence.”
3. Benefits of US Signal Acquiring OneNeck Data Center:
- Significantly expands US Signal’s data center footprint: The acquisition increases the number of US Signal data centers from 10 to 16, quadrupling their square footage.
- Extends US Signal’s reach to the West Coast: The addition of Phoenix, Arizona; Denver, Colorado; and Bend, Oregon data centers expands US Signal’s presence to the West Coast.
- Enhances US Signal’s fiber network coverage: OneNeck’s Madison, Wisconsin; Minneapolis, Minnesota; and Des Moines, Iowa markets are added to US Signal’s existing fiber network.
- Substantially increases commercial power capacity: The acquisition more than triples the commercial power under US Signal’s management.
4. US Signal Expert Advisors Ensuring Smooth OneNeck Acquisition:
US Signal was expertly advised by the renowned law firm Mayer Brown. In addition, DC Advisory served as its trusted financial advisor. Furthermore, Texas Capital Securities played a crucial role as the Exclusive Placement Agent, ensuring a successful transaction.
For more information, visit www.ussignal.com
About Igneo Infrastructure Partners
Igneo is an autonomous investment team in the First Sentier Investors Group. It invests in high-quality, mature, mid-market infrastructure companies in renewables, digital infrastructure, waste management, water utilities and transportation/logistics sectors in North America, the UK, Europe, Australia and New Zealand.
Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation, a focus on responsible investment and proactive asset management. As of June 30, 2024, Igneo managed more than $19.2 billion in assets for 200 investors around the world. For more information, visit igneoip.com.
Final Thoughts for US Signal Acquiring OneNeck:
US Signal’s acquisition of OneNeck is a major milestone for the company. This strategic decision enhances US Signal’s data center presence, broadens its service offerings, and extends its geographic reach. As a result, they can better serve a wider range of customers and adapt to changing needs. By merging their expertise and resources, both companies are well-positioned for ongoing success in the data center industry.
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FAQs:
1. What does the US Signal acquisition of OneNeck mean for customers?
This acquisition significantly expands US Signal’s capabilities and service offerings. Customers will benefit from a broader network of data centers, increased service options, and a wider geographic reach.
2. How will the acquisition impact existing US Signal and OneNeck customers?
Both US Signal and OneNeck are committed to ensuring a smooth transition for all customers. Existing service agreements will be honored, and the companies aim to minimize disruption to ongoing operations.
3. How big is the combined US Signal and OneNeck fiber network?
The acquisition expands US Signal’s existing fiber network by adding OneNeck’s coverage in Madison, Minneapolis, and Des Moines. This creates a robust network spanning over 9,500 route miles.
